Financial Perspectives Inc Purchases 26,072 Shares of Schwab US Dividend Equity ETF $SCHD

Financial Perspectives Inc boosted its position in shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 92.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,257 shares of the company’s stock after purchasing an additional 26,072 shares during the period. Financial Perspectives Inc’s holdings in Schwab US Dividend Equity ETF were worth $1,438,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Kozak & Associates Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 476.1% in the 2nd quarter. Kozak & Associates Inc. now owns 1,135 shares of the company’s stock valued at $31,000 after acquiring an additional 938 shares in the last quarter. PrairieView Partners LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 57.3% in the 2nd quarter. PrairieView Partners LLC now owns 1,282 shares of the company’s stock valued at $33,000 after acquiring an additional 467 shares in the last quarter. Financial Management Professionals Inc. grew its holdings in shares of Schwab US Dividend Equity ETF by 241.9% in the 2nd quarter. Financial Management Professionals Inc. now owns 1,282 shares of the company’s stock valued at $34,000 after acquiring an additional 907 shares in the last quarter. Cooksen Wealth LLC bought a new position in shares of Schwab US Dividend Equity ETF in the 1st quarter valued at about $38,000. Finally, Optimum Investment Advisors grew its holdings in shares of Schwab US Dividend Equity ETF by 57.6% in the 1st quarter. Optimum Investment Advisors now owns 1,381 shares of the company’s stock valued at $39,000 after acquiring an additional 505 shares in the last quarter.

Schwab US Dividend Equity ETF Price Performance

Shares of NYSEARCA SCHD opened at $26.79 on Monday. The stock has a market capitalization of $69.65 billion, a price-to-earnings ratio of 14.57 and a beta of 0.88. The business has a 50-day moving average of $27.36 and a 200-day moving average of $26.69. Schwab US Dividend Equity ETF has a fifty-two week low of $23.87 and a fifty-two week high of $29.72.

Schwab US Dividend Equity ETF Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.